Decoding 8 Analyst Evaluations For Riot Platforms
Portfolio Pulse from Benzinga Insights
In the past three months, 8 analysts have rated Riot Platforms (NASDAQ:RIOT), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $16.0, down 5.1% from the previous $16.86. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Riot Platforms, a Bitcoin mining company, faces challenges with revenue growth, net margin, ROE, and ROA, but maintains a low debt-to-equity ratio.
October 31, 2024 | 5:03 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Riot Platforms has received mixed analyst ratings, with a 5.1% decrease in the average price target to $16.0. The company faces challenges in revenue growth and profitability, but maintains a low debt-to-equity ratio.
The mixed analyst ratings and decrease in average price target suggest a neutral short-term impact on Riot Platforms' stock. While the company faces challenges in revenue growth and profitability, its low debt-to-equity ratio is a positive factor. The overall sentiment is somewhat balanced, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100